If elections to the Lok Sabha were to be held this month, the Congress-led United Progressive Alliance is likely to lose 122 seats, says the India Today-CVoter Mood of the Nation opinion poll which is being featured in the magazine's next issue which will hit the stands on August 16.

Though the UPA's numbers will come down to 137 from the 259 it now has, it does not mean the NDA gains these seats. The BJP-led alliance may also lose four seats, and end up with a smaller tally of 155.

The seats the UPA now holds will, in fact, go to other parties, most of them regional. The other parties may gain 126 seats and with 251 seats can claim stake to form the government as a Third Front. The poll said the UPA has been consistently losing support of voters since 2010.

However, there will be a major flip in the vote share of the UPA and the NDA.

The ruling alliance's share will be down to 28 per cent-a fall of 8 per cent, while the opposition alliance's vote share will jump by six per cent to reach 32 per cent.

If the seat shares are broken down for each state, the Congress will lose 26 of the 33 seats in Andhra Pradesh despite its decision to carve out Telangana with big gains for the TRS.

In Bihar, the JD-U, which just snapped its ties with the BJP, will lose 10 seats. The BJP will however not gain much. The winner will be the RJD, with a jump from 4 to 14 seats.

In Gujarat, the BJP will win 25 seats and the Congress a mere 5. But the BJP will lose 12 seats in Karnataka and gain will be for the Congress.

Maharashtra will see a rise of the Shiv Sena and decline of the Congress.

And in Uttar Pradesh, the state that can swing the general elections, the Congress will lose 16 seats while the SP will win 34 and the BSP 27 of the 80 seats. The BJP will be left with only two more seats from its 2009 tally of 10, says the opinion poll.

The Trinamool Congress will be strengthened with the party winning more than half of the 42 Lok Sabha seats from West Bengal. The Left Front will also gain two seats.

The study is based on a national representative sample of 15,815 randomly selected respondents across all 28 states between August 2 and 10, with interviews conducted face-to-face. Margin of error is +\-3 per cent.